Press release
Centrifugal Industrial Dryer Market to Witness a Pronounce Growth During 2017-2025
Healthy growth in the industrial sector to boost market demand: Centrifugal dryers are utilized in various end-use industries for drying of lightweight and small-sized components and products. Over the past few years, there has been a positive growth in the industry, which is an impact of re-shifting of manufacturing at the global level. This is expected to create hope for market participants for a positive upsurge in the demand for centrifugal dryers.
Growing environmental concerns increasing the need for plastic recycling: Dryers play a vital role in the plastic recycling process as the solid remains can be easily recycled post removal of moisture/oil. Centrifugal dryer is a preferred choice in the recycling industry due to its capability to provide uniform drying for lightweight plastic solids. The growth of the plastic recycling industry in the world is projected to significantly boost revenue growth of centrifugal dryers.
Robust growth of the automotive component industry generating demand for finished metal components: The favorable macro-economic environment and healthy growth in the domestic and export market for automotive components is expected to create immense growth opportunities for the centrifugal dryer market across some regions of the world such as Asia Pacific.
Persistence Market Research digs deep into the global centrifugal industrial dryer market and fetches some key information through structured market research. The report titled “Centrifugal Industrial Dryer Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)” gauges the market and predicts the future demographic and changes of the market. The present estimated value of the global centrifugal industrial dryer market is about US$ 195.1 Mn and the market will grow at a CAGR of 3.9% to reach a market valuation of US$ 264.8 Mn by the end of 2025.
Market insights suggests that the overall width of the global centrifugal industrial dryer market will expand within the forecast period. Several positive changes are expected to fuel the growth of the market. In the operating principle segment, the direct type will play a pivotal role in building global market revenue. This segment is expected to be the most attractive market segment. According to the report, the direct type centrifugal industrial dryer segment will account for a value share of more than 85% in the global centrifugal industrial dryer market. The segment will surge at a CAGR of 3.9% within the forecast period.
Request Sample Report@ https://www.persistencemarketresearch.com/samples/19348
In the application segment, the metal finishing segment is the largest consumer of centrifugal industrial dryer and is expected to mint a significant revenue within the forecast period. The segment is projected to gain 250 basis points between 2017 and 2025 and reach a market value share of 60.1% by the end of the forecast period in 2025.
Amongst the major regional markets, Asia Pacific will show promising results during the forecast period. The region is estimated to represent a market share of 36.3% in 2017 and the market will expand at a CAGR of 4.8% within the stipulated time period. The sales revenue of the North America centrifugal industrial dryer market will pump up to US$ 73.7 Mn by the end of 2025 with a CAGR of 3.3%. The markets in the Middle East & Africa region will remain fertile and vibrant during the forecast period.
Some of the key market players who have been profiled in the global centrifugal industrial dryer market report are Colussi Ermes s.r.l., Gala Industries, Inc., ZIRBUS technology GmbH, Gostol TST d.d., Zhejiang Humo Polishing Grinder Manufacture Co., Ltd., Firex s.r.l., Sukup Manufacturing Co., Rösler Oberflächentechnik GmbH and Sino-alloy Machinery Inc.
Browse Report Overview @ https://www.persistencemarketresearch.com/market-research/centrifugal-industrial-dryer-market.asp
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Centrifugal Industrial Dryer Market to Witness a Pronounce Growth During 2017-2025 here
News-ID: 802170 • Views: …
More Releases from Persistence Market Research PVT. LTD.
Battery Material Market is projected to reach a valuation of US$ 110.02 billion …
The battery material market has witnessed significant growth in recent years, driven by the increasing demand for batteries in various applications. According to recent studies, the market was valued at USD 42.1 billion in 2022 and is projected to reach USD 110.02 billion by 2027, growing at a CAGR of 14.1% during the forecast period.
Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/10801
The battery material market encompasses a wide…
Automated Intralogistics Material Handling Solutions Market to Hit US$ 219.3 b …
Automated intralogistics material handling solution sales are anticipated to achieve a global market value of US$ 55.9 billion in 2023 and to grow steadily at a CAGR of 14.8% to reach US$ 219.3 billion by 2033.
The global intralogistics material handling solutions market is experiencing a revolution with the introduction of automated systems. Automation has become a game-changer, offering greater efficiency and productivity to businesses across the globe. The market for automated intralogistics material handling solutions is projected to witness impressive growth in the coming years.
Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/32829
The key drivers for the growth of the automated intralogistics material handling…
Cold Chain Market is Encouraged to Reach USD 474.29 billion by 2028
The global cold chain market size was valued at USD 211.77 billion in 2020 and is expected to reach USD 474.29 billion by 2028, growing at a CAGR of 9.7% from 2021 to 2028. The growth is driven by increasing demand for perishable goods, globalization of the food trade, and technological advancements in cold chain logistics.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3177
The cold chain market refers…
Automated Intralogistics Material Handling Solutions Market Value to Hit US$ 219 …
𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐈𝐧𝐭𝐫𝐚𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
𝐈𝐧 𝟐𝟎𝟐𝟑, 𝐬𝐚𝐥𝐞𝐬 𝐨𝐟 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐢𝐧𝐭𝐫𝐚𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐡𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒$ 𝟓𝟓.𝟗 𝐁𝐧 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐬𝐭𝐞𝐚𝐝𝐢𝐥𝐲 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟒.𝟖% 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐥𝐨𝐬𝐞 𝐭𝐨 𝐔𝐒$ 𝟐𝟏𝟗.𝟑 𝐁𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑.
The demand in Germany is expected to increase by 15.7% CAGR from 2024 to 2033 on a value basis. U.S., China, and Germany are the leading countries in the…
More Releases for Centrifugal
Evolving Market Trends In The Centrifugal Separator Industry: Advancements In Ce …
The Centrifugal Separator Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Centrifugal Separator Market Size During the Forecast Period?
Growth has been substantial in recent years in the centrifugal separator market. It is expected to increase from $1.21 billion in 2024 to…
A Complete Guide to Centrifugal Pump
The Centrifugal Pump market size is projected to reach US$ 41,548.34 million by 2031 from US$ 27,338.55 million in 2023. The market is expected to register a CAGR of 5.4% during 2023-2031. The growing application of centrifugal pumps in wastewater treatment, oil and gas, mining, and modern farming sectors is likely to remain a key trend in the market. The growing population and rising urbanization are increasing the volume of…
The difference between single stage centrifugal pump and multistage centrifugal …
Centrifugal pumps are crucial in a variety of industrial and commercial applications, and selecting the right type can significantly impact performance and efficiency. Among the most common types are single stage centrifugal pump and multistage centrifugal pump. While both are designed to transfer fluids, they differ significantly in their construction and performance characteristics.
Image: https://www.puritypumps.com/uploads/PST-11.png
1. Maximum Head Capacity
One of the primary distinctions between single stage centrifugal pump and multistage centrifugal pumps…
Duct Ventilators - Centrifugal Blowers
In automobiles, a mechanical fan provides engine cooling and prevents the engine from overheating by blowing or sucking air through a coolant-filled radiator. It can be driven with a belt and pulley off the engine's crankshaft or an electric fan switched on/off by a thermostatic switch.
Canada Blower Axial flow fans have blades that force air to move along the shaft about which the blades rotate. Axial fans blow air across…
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report.
Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are…
Centrifugal Pump Market Analysis: Global Centrifugal Pump Market Research Report …
This report studies the Centrifugal Pump market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Centrifugal Pump market by product type and applications/end industries.
The global Centrifugal Pump market is valued at XX million USD in 2016 and is expected to reach XX million USD by the…
